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National Grid Transco, PLC

NGG Utilities Utilities Regulated Electric

National Grid Transco, PLC’s revenue for fiscal 2026 (year ended March 2026) was $23.7 billion, up 1.11% from fiscal 2025.

85.85 0.63 +0.74%
Market cap
$86.4B
P/E
23.5×
Fwd P/E
13.9×
Dividend yield
3.77%
F-score
6/9
Altman Z
1.39
Beneish M
−2.66
Dividend safety
20/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

National Grid Transco, PLC (NGG) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, National Grid Transco, PLC (NGG) trades at a EV/EBITDA of 4.2×. Over the past ten years it has ranged from 0.0× (March 2020) to 4.5× (March 2022); the current reading is higher than 92% of that period. That is below the Utilities Regulated Electric industry median of 12.4× and below the Utilities sector median of 12.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2026 4.2× 13.40%
FY2025 3.7× (3.90%)
FY2024 3.8× 6.14%
FY2023 3.6× (13.73%)
FY2022 4.2× 37.32%
FY2021 3.1× 8.26%
FY2020 2.8× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2023 7.0× (5.69%)
Mar 2023 7.4× 12.59%
Sep 2022 6.6× (21.42%)
Mar 2022 8.3× 6.16%
7 more quarters

Against its own ten years

Low 0.0× High 4.5×
Ten-year median 3.0×
Current reading's percentile 92

EV/EBITDA against peers

Company EV/EBITDA
NGG National Grid Transco, PLC 4.2×
EXC Exelon Corporation compare 10.9×
DUK Duke Energy Corporation compare 11.2×
ED Consolidated Edison Inc compare 12.6×
SO Southern Company (The) compare 12.7×
AEP American Electric Power Company, Inc. compare 13.2×
ETR Entergy Corporation compare 13.5×
XEL Xcel Energy Inc. compare 14.0×
D Dominion Energy Inc. compare 16.1×
Utilities Regulated Electric industry median 12.4×
Utilities sector median 12.3×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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